Bulgaria has been smart hoarding a huge amount of BTC, estimated to be over 200k BTC. If the price goes over $100k then the total value of Bulgaria BTC reserves would be worth $20 Billion
What is smart in hoarding a completely dysfunctional shitcoin? :D
Seriously, people generally are dumb AF.
Too bad for them. More than likely they will lose it all.
In comparison TimDraper owns over 30,000 BTC if the value goes up to $100k, his BTC would be valued at $3 Billio exceeding the gold reserve value of Bulgaria of $2.5 billion dollars.
You're talking about a shitcoin which craps itself on very little tx demand.
It might go to 100K but you can be sure that it won't stay there. The whole thing is a farce.
It's mote than Britain's total gold reserve value $12.8 billion.
